San Francisco, June 09, 2016 (GLOBE NEWSWIRE) -- Printers are devices that transfer text and graphic output received from a computer onto paper. They are available in varied sizes, costs, levels of sophistication, and speeds. Generally, higher-priced printers are used to obtain high-resolution color prints.
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Personal computers fall under two categories, namely, non-impact printers and impact printers. In an impact printer (e.g. dot-matrix printer), text and images appear on paper when there is physical contact between the print head and the paper. On the other hand non-impact printers can produce images without the print head actually striking the paper. Laser printers and inkjet printers are the two popular non-impact printers.
The global printer market is expected to grow at a CAGR of 0.9% from 2013 to 2018. It is categorized on the basis of technology and regions. Technology segments are inkjet printers, dot-matrix printers, laser printers, and thermal printers. Laser printers are further divided into color laser printers, monochrome laser printers, and laser MFPs.
Inkjet printers are in great demand due to advantages like lower costs, ease of use, good speed, and less noise. Their biggest strength is their high output quality. These printers can print finer, smoother details. They are capable of printing in vivid colors, rendering them useful for printing pictures. Robust consumption of inkjet printers would be the key growth driver of the overall printer market. Additionally, the rising preference for multifunction printers (MFPs) will also spur growth. MFPs perform various activities like print, scan, copy and fax.
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Worldwide economic slowdown may prove to be the biggest inhibitor of market growth from 2013 to 2018. Important geographical markets include the Americas (North America and South America), EMEA (Europe, Middle East and Africa) and APAC (Asia Pacific).
Leading players in the global printer market are Brother Industries Ltd., Hewlett-Packard Corporation, Canon Inc., Seiko Epson Corporation, Xerox Corporation, and Samsung Electronics Company Ltd. Other well-known vendors include Lexmark International Inc., Eastman Kodak Co., Ricoh Co. Ltd., and Konica Minolta Inc.
These players are developing products to cater to the rising demand for color prints. The market is characterized by stiff competition. Emergence of digital textile printing is observed to be a key market trend for the coming years.
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Table of Content
- Executive Summary
- List of Abbreviations
- Scope of the Report
03.1 Market Overview
03.2 Product Offerings
- Market Research Methodology
04.1 Market Research Process
04.2 Research Methodology
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